Microsoft announced Monday that it has extended its partnership with the startup behind it, OpenAI.When The company said in a blog post that this is the beginning of the third phase of its multi-year, multi-billion dollar investment.
Satya Nadella, Chairman and CEO of Microsoft, said:
Microsoft said it would increase investment in the development and deployment of supercomputing systems to support OpenAI research. Microsoft also said it will roll out OpenAI’s model to consumer and enterprise products.
According to Microsoft, OpenAI CEO Sam Altman said:
OpenAI wrote in a separate blog post on Monday that it will remain a profit-limited company despite this investment.
“This multi-billion dollar investment from Microsoft over the years will allow us to continue our independent research and develop increasingly safe, useful and powerful AI,” OpenAI wrote.
Partnership between Microsoft and OpenAIWhen OpenAI agrees to use Cloud computing software for running artificial intelligence experiments. Microsoft invested $1 billion in OpenAI to co-develop new supercomputing technology.
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